Common use of Default on Indebtedness Clause in Contracts

Default on Indebtedness. Failure of Borrower to make any payment within ten (10) days of when due hereunder, under the Note, or under any Related Document.

Appears in 4 contracts

Sources: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Default on Indebtedness. Failure of Borrower to make any payment on any Note within ten five (105) days of when due hereunder, under the Note, or under any Related Documentdate due.

Appears in 2 contracts

Sources: Master Loan Agreement (Amrep Corp), Master Loan Agreement (Amrep Corp)

Default on Indebtedness. Failure of Borrower to make any payment within ten three (103) days of when the due hereunderdate thereof upon any of the Loans, under the Note, or under any Related DocumentNotes and/or Indebtedness.

Appears in 2 contracts

Sources: Business Loan Agreement, Business Loan Agreement (Basin Water, Inc.)

Default on Indebtedness. Failure of Borrower to make any payment within ten (10) five days of when following the date due hereunder, under on the Note, or under any Related DocumentIndebtedness.

Appears in 2 contracts

Sources: Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/)

Default on Indebtedness. Failure of Borrower to make any payment within ten (10) days of when due hereunder, under on the Note, or under any Related DocumentLoans.

Appears in 1 contract

Sources: Construction Loan Agreement (Timberline Software Corporation)

Default on Indebtedness. Failure of Borrower to make any payment on the Indebtedness within ten (10) days of when after the due hereunder, under the Note, or under any Related Documentdate thereof.

Appears in 1 contract

Sources: Loan Agreement (Obie Media Corp)